US banks warn of $6.6 trillion shift to stablecoins amid GENIUS Act debate
Coinbase and crypto stakeholders reject US banks' alarms over stablecoins, citing competitive motivations.
A consortium including Bank of America, Citadel Securities, and DTCC completed a weekend US Treasury repo with atomic on-chain settlement using USDC on the Canton Network.
Ethereum continues bullish run as markets digest mixed inflation data.
Leveraged futures ETFs and staking rewards drive Solana and XRP to the forefront of regulated investment markets.
BlackRock leads the way with $640 million as Ethereum attracts growing institutional interest in ETFs.
The prospective Truth Social Bitcoin ETF moves closer to reality as Trump Media files amendments, intensifying focus on its ambitious crypto vision.
The main reasons are likely lack of institutional interest and the complicated structure which the ETF is based on, analysts weigh in.